Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager(s)
Aziz Unan
since 01/01/2015
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stockpicking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

14.16 %

1 Year rank in sector

13/27

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 85.5 m

FE Risk score

147

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    50.8%
  • Turkey
    25.3%
  • Poland
    13%
  • Greece
    5.1%
  • Czech Republic
    4%
  • Financials
    28%
  • Energy
    23.2%
  • Materials
    11%
  • Consumer Staples
    10.1%
  • Industrials
    9.7%
  • Russian Equities
    50.8%
  • Turkish Equities
    25.3%
  • Polish Equities
    13%
  • Greek Equities
    5.1%
  • Czech Republic Equities
    4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.48 %4.2 %14.16 %40.54 %1.51 %
Sector-1.75 %4.12 %13.11 %25.5 %1.82 %
Rank within sector23 / 2713 / 2713 / 277 / 2717 / 27
Quartile th4 th2 nd2 nd2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund9.14 %46.69 %-7.24 %-28.49 %-5.63 %
Sector9.64 %22.68 %-3.06 %-22.02 %-2.16 %
Rank within sector15 / 272 / 2722 / 2721 / 2726 / 27
Quartile th3 rd1 st4 th4 th4 th

Risk statistics

Alpha2.58
Beta1.05
Sharpe0.17
Volatility19.63
Tracking error10.92
Information ratio0.2
R-Squared0.7

Price movement

52 week high10.09
52 week low8.26
Current bid price0
Current offer price0
Current mid price9.43

Holdings by region

  • 50.8% Russia
  • 25.3% Turkey
  • 13% Poland
  • 5.1% Greece
  • 4% Czech Republic
  • 1.7% Ukraine
  • 0.4% Kazakhstan
  • -0.3% Money Market

Holdings by sector

  • 28% Financials
  • 23.2% Energy
  • 11% Materials
  • 10.1% Consumer Staples
  • 9.7% Industrials
  • 7.6% Telecommunications
  • 3% Consumer Discretionary
  • 3% Real Estate
  • 2.1% Others
  • 1.7% Information Technology

Holdings by asset type

  • 50.8% Russian Equities
  • 25.3% Turkish Equities
  • 13% Polish Equities
  • 5.1% Greek Equities
  • 4% Czech Republic Equities
  • 1.7% European Emerging Equities
  • 0.4% Kazakhstani Equities
  • -0.3% Money Market

Individual holdings

  • 7.5% SBERBANK OF RUSSIA
  • 6.9% LUKOIL PJSC
  • 5.1% GAZPROM OAO
  • 4.8% POWSZECHNA KASA OSZCZED BK POLSKI
  • 4.5% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 3.3% TURKIYE VAKIFLAR BANKASI TAO
  • 2.9% TATNEFTEPROM
  • 2.8% HALKBANK SKOPJE
  • 2.6% MAGNIT PJSC
  • 2.3% NOVATEK PAO